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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

Swedish Krona/Canadian Dollar (FOREX:SEKCAD)

Strong Downtrend (-100) - SEKCAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SEKCAD?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCAD.

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FOREX_SEKCAD
Open High Low SEKCAD Price Change
0.14882974 0.14910022 0.14807532 0.14862447 -0.00020500
Entry Signal

MarketClub’s Trade Triangles for SEKCAD

long term down The long-term trend has been DOWN since Mar 1st, 2021 at 0.15038620

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2021 at 0.15331095

short term down The short-term trend has been DOWN since Feb 16th, 2021 at 0.15248992

Smart Scan Analysis for SEKCAD

Based on our trend formula, SEKCAD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SEKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14882974 0.14910022 0.14807532 0.14862447 -0.00020500
Prev. Close Volume Bid Ask Time
0.14882974 2021-03-05 17:00:56
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